摘要： Evervault has raised $16 million in venture capital to develop technology the Dublin-based company claims will recalibrate the traditional tradeoffs between privacy and regulation.
Evervault has raised $16 million in venture capital to develop technology the Dublin-based company claims will recalibrate the traditional tradeoffs between privacy and regulation. Index Ventures led the round, which includes previous investors Sequoia Capital, Kleiner Perkins, and Frontline Ventures. In addition, the fundraising attracted money from a string of notable angel investors, such as Eventbrite cofounder Kevin Hartz and former Facebook chief security officer Alex Stamos.
The funding is notable because Evervault has not yet developed a product that’s ready for customers. Instead, investors are betting on a concept that promises to effectively eliminate the need for privacy regulations, a shift that would save businesses money on compliance while delivering greater data protection for consumers.
“Data privacy is very complicated for people who don’t want to read thousands of pages of regulations,” said Evervault founder and CEO Shane Curran. “I started Evervault with the belief that data privacy is a technology problem rather than a regulatory problem.”
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見全文： venturebeat
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